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Trinity Court Apartments 408 Trinity Ave 20 Unit Apartment Building $3,489,800 CAD ($174,490 CAD/Unit) 6.38% Cap Rate Chowchilla, CA 93610
EXECUTIVE SUMMARY
Presenting an exceptional multifamily investment opportunity at 408 Trinity Avenue in Chowchilla, California — a well-maintained 20-unit apartment complex consisting of five individual 4-plex buildings, each on its own APN. Every unit offers a comfortable 2-bedroom, 1-bath layout, appealing to long-term tenants and stable occupancy. The property currently generates over $240,000 in annual gross income, demonstrating strong cash flow and consistent performance. Current ownership has shown pride of stewardship through ongoing capital improvements, regular maintenance, and attentive management, ensuring the property remains in excellent condition. With its income, quality upkeep, and separate parcel structure offering future flexibility, 408 Trinity Ave stands out as a turnkey, income-producing asset in a growing Central Valley market.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,489,800 CAD | Apartment Style | Garden |
| Price Per Unit | $174,490 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.80 AC |
| Cap Rate | 6.38% | Building Size | 17,010 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 20 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 1.7/1,000 SF |
| Zoning | CI - 5 buildings with 5 individual APN'S | ||
| Price | $3,489,800 CAD |
| Price Per Unit | $174,490 CAD |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| Sale Condition | 1031 Exchange |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 17,010 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | CI - 5 buildings with 5 individual APN'S |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 20 | $1,407 CAD | 850 |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,266,437 CAD (2025) | |
| Land Assessment | $453,290 CAD (2025) | Total Assessment | $2,719,727 CAD (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$453,290 CAD (2025)
Improvements Assessment
$2,266,437 CAD (2025)
Total Assessment
$2,719,727 CAD (2025)
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Trinity Court Apartments | 408 Trinity Ave
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